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Storefront Building with Lower-Level Space
For Sale
$75,000

296 & 298 Main Street, Madawaska, ME 04756

Commercial-zoned property includes space for retail or restaurant use and a named hamburger stand.

Property Size3,674 SF
Price / SF$20.41
Days on Market377

Property Features for 296 & 298 Main Street

General Information

Standard status Active
Size 3,674 SF
Property subtype Commercial
Zoning Commercial

Property Condition

Severity Repairs Needed
Evidence easy-to-renovate

Taxes and HOA fees

Annual Taxes $2,057

Building Details

Building Size 3,674 SF
Year Built 1946
Buildings 1
Listing Agency: RE/MAX County
Listed By: Holly Hardwick · License #SA921740
Source: Hayesrealestate
Added: Oct 17, 2025 Changed: Oct 27 Last Checked: Oct 27 at 4:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX County

Rey
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Investment Insights

Based on property information with market context.

The 3,674-square-foot property contains more than 2,240 square feet of commercial area, along with a 1,400-square-foot lower level. The building dates to 1946 and is zoned Commercial. The offering also includes Bert’s Hamburger Stand.

The lower-level area is identified as an option for apartment space or additional retail area. The existing commercial space could accommodate retail or restaurant use, including an eat-in restaurant configuration.

Key Highlights

  • 3,674‑square‑foot building constructed in 1946
  • More than 2,240 square feet of commercial space
  • 1,400‑square‑foot lower level

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ravens Relics Discount Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
4,375 visits/mo 0.1 miles
Family Dollar Shops & Services
3,942 visits/mo 0.2 miles

Demographics for 04756, ME

3,134
Population
1,854
Households
1.7
Avg Household Size
57
Median Age
22%
College-Educated
93%
High-School Grad
16.4 sq mi
ZIP Area
191
Density / Sq Mi
$43,750
Median Household Income
$47,083
Median Earnings
$580
Median Rent
$157,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • The Flower Shoppe — 314 Main St, Madawaska, ME 04756

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial-zoned property includes space for retail or restaurant use and a named hamburger stand.
Where is this storefront property located?
The property is located at 296 & 298 Main Street Madawaska, ME.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 3,674‑square‑foot building constructed in 1946; More than 2,240 square feet of commercial space; 1,400‑square‑foot lower level
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